Appendix 2.12 - Distribution Codes
Acronyms can be confusing, especially if you’re new to CUs (that’s credit unions). Below is a helpful list of many of the acronyms used by our financial institution. ACH Automated Clearing House. ALM Asset Liability Management. APR Annual Percentage Rate. APY Annual Percentage Yield. APYE Annual Percentage Yield Earned. ARM Adjustable Rate ... ................
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